70,555,25557,888,506Treasury stock (50,000 shares at cost)
(57,678,427)(51,827,360)Total stockholders' equity
12,925,5256,100,528Total liabilities and stockholders' equity
7,352,245MIMEDX GROUP, INC. AND SUBSIDIARIES
Non-GAAP Financial Measures and Reconciliation
As used herein, “GAAP” refers to generally accepted accounting principles in the United States. We use various numerical measures in conference calls, investor meetings and other forums which are or may be considered “Non-GAAP financial measures” under Regulation G. We have provided below for your reference, supplemental financial disclosure for these measures, including the most directly comparable GAAP measure and an associated reconciliation.
Reconciliation of Net Loss to “Adjusted EBITDA” defined as Earnings before Interest, Taxes, Depreciation, Amortization and Share Based Compensation:Three Months EndedSix Months EndedThree
Months EndedJune 30,June 30, March 31, 20112010201120102011Net Loss (Per GAAP)$
(3,347,562)Add back:Income Taxes-----Financing (expense) associated withwarrants issued in connection withconvertible promissory note---(595,679)-Financing (expense) associated withbeneficial conversion of note payableissued in conjunction with acquisition(60,599)-(133,517)-(72,918)Other interest (exp)/inc., net(26,471)1,228(34,809)3,397(15,383)Depreciation Expense115,682112,272231,862223,264116,180Amortization Expense333,977166,983667,954333,966333,977Employee Share Based Compensation429,096271,289809,469460,756380,373Other Share Based Compensation114,64832,887222,20842,554107,560Earnings Before
|SOURCE MiMedx, Inc.|
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